Moab Capital Partners Raised Its Akorn (AKRX) Stake; As One Liberty Properties (OLP) Stock Declined, Shareholder Independent Order Of Foresters Lowered Its Position by $441,525

April 18, 2018 - By Kurt Siggers

One Liberty Properties, Inc. (NYSE:OLP) Logo

Independent Order Of Foresters decreased its stake in One Liberty Properties Inc. (OLP) by 35.62% based on its latest 2017Q4 regulatory filing with the SEC. Independent Order Of Foresters sold 17,661 shares as the company’s stock declined 9.60% with the market. The institutional investor held 31,916 shares of the consumer services company at the end of 2017Q4, valued at $827,000, down from 49,577 at the end of the previous reported quarter. Independent Order Of Foresters who had been investing in One Liberty Properties Inc. for a number of months, seems to be less bullish one the $451.73M market cap company. The stock decreased 0.71% or $0.17 during the last trading session, reaching $23.69. About 2,120 shares traded. One Liberty Properties, Inc. (NYSE:OLP) has risen 3.98% since April 18, 2017 and is uptrending. It has underperformed by 7.57% the S&P500.

Michael M. Rothenberg increased its stake in Akorn Inc (AKRX) by 31.72% based on its latest 2017Q4 regulatory filing with the SEC. Moab Capital Partners Llc bought 52,982 shares as the company’s stock declined 40.46% with the market. The hedge fund run by Michael M. Rothenberg held 220,005 shares of the health care company at the end of 2017Q4, valued at $7.09M, up from 167,023 at the end of the previous reported quarter. Moab Capital Partners Llc who had been investing in Akorn Inc for a number of months, seems to be bullish on the $2.38B market cap company. The stock increased 0.26% or $0.05 during the last trading session, reaching $19.02. About 83,549 shares traded. Akorn, Inc. (NASDAQ:AKRX) has declined 20.35% since April 18, 2017 and is downtrending. It has underperformed by 31.90% the S&P500.

Among 4 analysts covering Liberty Prop (NYSE:OLP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Liberty Prop had 7 analyst reports since December 14, 2015 according to SRatingsIntel. Goldman Sachs initiated the stock with “Neutral” rating in Monday, December 14 report. The firm has “Neutral” rating given on Tuesday, November 14 by DA Davidson. The stock of One Liberty Properties, Inc. (NYSE:OLP) has “Hold” rating given on Wednesday, December 14 by Wunderlich. Wunderlich maintained it with “Hold” rating and $24 target in Thursday, May 11 report.

Since March 28, 2018, it had 0 insider purchases, and 1 insider sale for $118,795 activity.

Investors sentiment increased to 2 in Q4 2017. Its up 0.24, from 1.76 in 2017Q3. It increased, as 6 investors sold OLP shares while 21 reduced holdings. 20 funds opened positions while 34 raised stakes. 7.88 million shares or 3.31% more from 7.63 million shares in 2017Q3 were reported. Rhumbline Advisers owns 19,261 shares for 0% of their portfolio. Barclays Public Llc holds 0% in One Liberty Properties, Inc. (NYSE:OLP) or 2,285 shares. Strs Ohio invested in 22,624 shares. Bnp Paribas Arbitrage Sa owns 3,071 shares or 0% of their US portfolio. Jpmorgan Chase & Company invested 0% of its portfolio in One Liberty Properties, Inc. (NYSE:OLP). Amundi Pioneer Asset Incorporated reported 0.01% stake. Goodwin Daniel L holds 0.59% or 52,174 shares in its portfolio. Swiss Bank has invested 0% in One Liberty Properties, Inc. (NYSE:OLP). Daiwa Securities Grp Incorporated Inc, Japan-based fund reported 1,600 shares. Lsv Asset Mngmt stated it has 0.01% of its portfolio in One Liberty Properties, Inc. (NYSE:OLP). Martingale Asset Mngmt Ltd Partnership invested in 107,431 shares. Raymond James Assoc holds 0% of its portfolio in One Liberty Properties, Inc. (NYSE:OLP) for 18,267 shares. Schroder Inv Management invested 0% of its portfolio in One Liberty Properties, Inc. (NYSE:OLP). Citadel Ltd Liability Corp, a Illinois-based fund reported 16,139 shares. Pub Employees Retirement Of Ohio has invested 0% in One Liberty Properties, Inc. (NYSE:OLP).

Analysts await One Liberty Properties, Inc. (NYSE:OLP) to report earnings on May, 8. They expect $0.48 EPS, down 5.88% or $0.03 from last year’s $0.51 per share. OLP’s profit will be $9.15M for 12.34 P/E if the $0.48 EPS becomes a reality. After $0.53 actual EPS reported by One Liberty Properties, Inc. for the previous quarter, Wall Street now forecasts -9.43% negative EPS growth.

Among 16 analysts covering Akorn Inc (NASDAQ:AKRX), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Akorn Inc had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by JMP Securities on Wednesday, September 9. The rating was maintained by WallachBeth Capital with “Buy” on Friday, August 5. The rating was upgraded by Piperjaffray to “Overweight” on Thursday, September 15. The firm has “Hold” rating given on Tuesday, June 27 by RBC Capital Markets. The company was maintained on Friday, September 1 by RBC Capital Markets. RBC Capital Markets downgraded the shares of AKRX in report on Friday, November 4 to “Sector Perform” rating. Jefferies maintained the stock with “Hold” rating in Monday, July 17 report. The company was downgraded on Tuesday, August 2 by Raymond James. As per Thursday, March 29, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating given on Friday, February 12 by RBC Capital Markets.

Akorn, Inc. (NASDAQ:AKRX) Institutional Positions Chart

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